Which of the following is not a benefit of Strategic Management?

new top management for the organisation

sharper focus on what is strategically important

new top management for the organisation

understanding of turbulent environment

Which of the following statement is TRUE about the establishment of objectives?

It is a Top-management activity

It is a Lower-management activity

It is a Top-management activity

The _________ answers the question "What do we want to become?" whereas_________answers the question "What is our business?"

vision statement; mission statement

short-term objectives; long-term objectives

All of these, except__________, are part of Porter's competitive forces in industryanalysis

potential entry of new competitors

development of substitute products

The board of directors in an organization_______________

plays a significant role in corporate governance.

is responsible for the implementation of the organization's operating activities.

plays a significant role in corporate governance.

serves in the role of executive management.

is not an important part of the organization's strategic development

All of the following roles are representative of effective strategic leadership EXCEPT___________

establishing appropriately balanced controls.

exploiting and maintaining core competencies.

emphasizing ethical decisions and practices

Competitive advantage can best be described as______________

what sets an organisation apart

For a capability to provide a sustained competitive advantage it must be ___________

Aligned with the organization’s value proposition

Difficult for competitors to imitate

The following parameters are analysed in VRIN analysis:

Valuable, Rare, Inimitable and Non-substitutable

Vision, Rare, Inimitable and Non-substitutable

Valuable, Rare, Inimitable and Non-substitutable

Valuable, Rare, Inimitable and Non-standardised

Valuable, Rare, Inspiration and Non-substitutable

Strategy implementation involves careful formulation of ________________

Programmes, Budgets, Policies, Procedures and Rules

Programmes, Marketing, Policies, Procedures and Rules

Budgets, Marketing, HR, Technology and Co-operation

Programmes, Budgets, Policies, Procedures and Rules

Budgets, HR Policies, Administration Procedures and Marketing Rules

Balanced Score Card is a management technique which isolates the following four separate areas and analyses them:

Learning & Growth, Business Processes, Customers and Finance

Finance, HR, Marketing and Operations

Business Growth, Marketing Capabilities, HR Strengths and Customer Base

Learning & Growth, Business Processes, Customers and Finance

Competitive Advantage, Core Competence, Sustainability, CSR

Define, Measure, Analyse, Improve, Control (DMAIC) is an approach for quality improvement in ____________

Continuous Quality Improvements (CQI)

Strategic Implementation Control involves _______________

Premise Control, Strategic Surveillance, Implementation Control and Special Alert Control

Programme Control, Environment Control, Monitoring Control and Special Alert Control

Premise Control, Marketing Surveillance, Implementation Control and Feedback Control

Programme Control, Strategic Surveillance, Evaluation Control and Feedback Control

Internal Assessment Test On Strategic Management, July 2016

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| Written by Strm2k16

Strm2k16

Community Contributor

Total Contribution - 1 | Total attempts - 995

Questions: 20 | Attempts: 995 | Updated: Mar 22, 2023

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Internal Assessment Test On Strategic Management, July 2016 - Quiz

Fourth Semester MBA

Questions and Answers

Internal Assessment Test On Strategic Management, July 2016

Which of the following is not a benefit of Strategic Management?

Cultural values would be a part of which of the following factor in macro environment?

What does STARS symbolise in a BCG Matrix?

Low cost, differentiation and focus are examples of _______________

Which of the following statement is TRUE about the establishment of objectives?

The _ answers the question "What do we want to become?" whereas_answers the question "What is our business?"

All of these, except__________, are part of Porter's competitive forces in industryanalysis

The board of directors in an organization_______________

All of the following roles are representative of effective strategic leadership EXCEPT___________

Competitive advantage can best be described as______________

For a capability to provide a sustained competitive advantage it must be ___________

Core Competence, ”The Future of Competition: Co-creating Unique Value with Customers, and “The Fortune at the Bottom of the Pyramid: Eradicating Poverty through Profits” are the contributions made by which Indian Management Guru?

The following parameters are analysed in VRIN analysis:

Strategy implementation involves careful formulation of ________________

Balanced Score Card is a management technique which isolates the following four separate areas and analyses them:

Define, Measure, Analyse, Improve, Control (DMAIC) is an approach for quality improvement in ____________

Strategic Implementation Control involves _______________

Moral values, beliefs, and rules that establish the appropriate way for an organization and its members to deal with each other and people outside the organization is called _____________

_________________ is about the goals, theories and planning relating to applications of information and technical knowledge within an organisation

An effort to capture not only explicit factual information but also the tacit information and knowledge that exists in an organization, usually based on the experience and learning of individual employees, in order to advance the organization's mission is known as _______________________

Internal Assessment Test On Strategic Management, July 2016

Which of the following is not a benefit of Strategic Management?

Cultural values would be a part of which of the following factor in macro environment?

What does STARS symbolise in a BCG Matrix?

Low cost, differentiation and focus are examples of _______________

Which of the following statement is TRUE about the establishment of objectives?

The _________ answers the question "What do we want to become?" whereas_________answers the question "What is our business?"

All of these, except__________, are part of Porter's competitive forces in industryanalysis

The board of directors in an organization_______________

All of the following roles are representative of effective strategic leadership EXCEPT___________

Competitive advantage can best be described as______________

For a capability to provide a sustained competitive advantage it must be ___________

Core Competence, ”The Future of Competition: Co-creating Unique Value with Customers, and “The Fortune at the Bottom of the Pyramid: Eradicating Poverty through Profits” are the contributions made by which Indian Management Guru?

The following parameters are analysed in VRIN analysis:

Strategy implementation involves careful formulation of ________________

Balanced Score Card is a management technique which isolates the following four separate areas and analyses them:

Define, Measure, Analyse, Improve, Control (DMAIC) is an approach for quality improvement in ____________

Strategic Implementation Control involves _______________

Moral values, beliefs, and rules that establish the appropriate way for an organization and its members to deal with each other and people outside the organization is called _____________

_________________ is about the goals, theories and planning relating to applications of information and technical knowledge within an organisation

An effort to capture not only explicit factual information but also the tacit information and knowledge that exists in an organization, usually based on the experience and learning of individual employees, in order to advance the organization's mission is known as _______________________

The _ answers the question "What do we want to become?" whereas_answers the question "What is our business?"

Moral values, beliefs, and rules that establish the appropriate way for an organization and its members to deal with each other and people outside the organization is called _____________